Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second – Mining Bitcoin News

Bitcoin's Total Network Hashrate Hits an All-Time High at 321 Exahash per Second
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According to statistics on October 5, the entire computational energy backing the Bitcoin community tapped a recent all-time excessive reaching 321.15 exahash per second (EH/s). Just after the report excessive, the community’s complete hashrate was coasting alongside above the 300 EH/s on Wednesday afternoon (ET) at round 303.87 (EH/s).

Bitcoin’s Hashrate Reaches a Lifetime High in Terms of Hashes per Second

On Wednesday, at block top 757,214, statistics from coinwarz.com exhibits Bitcoin’s complete hashrate reached an all-time excessive (ATH). BTC’s community hashpower knowledge signifies that the final hashrate ATH was recorded on September 11, 2022, at block top 753,647, when it reached roughly 301.87 EH/s.

Bitcoin's Total Network Hashrate Hits an All-Time High at 321 Exahash per Second
Bitcoin’s complete community hashrate reached an all-time excessive on October 5, 2022, at block top 757,214.

Before the bounce over 300 exahash, the community’s hashrate reached a previous ATH on June 8, 2022, at block top 739,928 reaching 292.02 EH/s. The most up-to-date complete computational energy ATHs are happening amid the crypto winter, as BTC costs are 70% beneath the crypto asset’s lifetime worth excessive on November 10, 2021 ($69K).

Furthermore, the hashrate improve has taken place at a time when BTC’s mining problem additionally tapped an all-time excessive in latest occasions. At block top 753,984, the issue elevated from 30.97 trillion hashes to 32.05 trillion hashes.

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While it’s decrease in the present day at 31.36 trillion hashes, it’s anticipated to see a 7.10% improve throughout the subsequent adjustment. If that adjustment estimate involves fruition, the issue might attain 33.59 trillion hashes on October 10, 2022.

The 321.15 exahash per second all-time excessive is the same as 0.32115 zetahash per second (ZH/s). While an exahash is a quintillion, a single zetahash is an unfathomable 1,000,000,000,000,000,000,000 (one sextillion) hashes per second.

By 2:20 p.m. (ET), the entire hashrate dropped beneath 300 exahash and it’s at present coasting alongside at 287.98 EH/s.

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Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist dwelling in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com News in regards to the disruptive protocols rising in the present day.

Image Credits: Shutterstock, Pixabay, Wiki Commons, coinwarz.com

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